As a wife, I need to be a good steward because I know my husband’s job is not easy peasy. I witnessed his overtime without pay, sleepless nights and working even on vacation leave and weekends. I’m proud to say that he’s doing a good job as our provider.
Five years of being a full time mom taught me a lot of things, I learned from my own experiences and other’s experiences. Like I always say, I’m not a financial expert but I hope these tips will also help you in budgeting and saving.
1. Plan your route
I always plan our trip because I want to finish all my errands in a single trip. I want hitting two birds at the same time so I can save time, effort and money.
a. I love going to World Trade Center because of the Christmas Bazaar so after visiting my family in Valenzuela to give my gifts, I will drop here to buy stuff before going home since I live in South area.
b. I regularly visit my grandmother in Victoria, Laguna and if we have extra time we try to visit those places listed in Viaje Del Sol.
C. I love taking notes and I always have list of “Things to do” and “Things to buy” so whenever we’re going to the mall, I bring my list. What’s in my list? These are the usual things that I have on my list, it just varies on due date.
1. Pay bills such as postpaid plans, internet provider, credit card, amortization and others.
2. Deposit or Withdraw.
3. Go to junkshop to sell our junk of course.
4. Grocery (things to buy)
5. Buy medicine and vitamins. I have psoriasis so I always buy medicine.
6. Pay SSS loan and SSS contribution …and many more.
2. Refrigerate and Cupboard Awareness
If you’ve read my energy saving tips, you know for sure that I religiously defrost our fridge every week before Wet Market Day. It is my time to clean the fridge and do my inventory.
I will check the left-over, expiration date and list the things that we need to buy in the market. As I mentioned before I always have “Menu List”. I do check our cupboard every month to check expiration and clean it too.
I have a notepad where I write all the stuff that we need to buy so it is not really difficult to do the inventory.
3. Do not waste. Learn to Reduce, Reuse and Recycle. You can read more on my Green Living post.
4. Minimalist Living
Think before you buy things. Ask yourself if you really need to buy stuff? Do you really need to buy the latest gadget? Do you need to follow fashion trend? We have rules in our house, “If it is broken, try to fix it. If it cannot be fixed, then replace it”. “If we buy something we need to let go something” like clothes because we have limited space in our cabinet.
Always remember “One man’s trash is another man’s treasure”. I used to sell preloved stuff in my multiply account and I was able to sell most of my son’s baby stuff. Other baby stuff, I gave to relatives.
6. Buy or accept pre-loved stuff.
When I started selling my pre-loved stuff, I also bought some pre-loved stuff. I just double check if the stuff is still in good condition or in great shape. I visit Warehouse Sale, Ukay-Ukay, and Garage Sales.
If someone is giving hand me down clothes or other stuff, I welcome it with open arms. You can repair or fix the free stuff according to your needs and wants. Free is better.
7. Join Contest and Giveaways
If you have spare time, try your luck. Who knows you might win big prizes. I love joining contests and giveaways and my lucky year was last year.
You can really save if you do it yourself. Learn how to DIY your travels, kitchen ingredients, gifts and others. Read more here.
I subscribed to Facebook page and emails of different airlines and discount websites so I will be updated in all offers, seat sales, promos and discounts. But I only buy what I really need.
10. Don’t scrimp on what matters.
Though savings is a must, there are also times that we splurge for experience just like our travels and food trips. Recreation is part of our family bonding.
11. Watch where your money goes.
I have a notebook where I write our income and expenses every month. Since my husband receives monthly paycheck, I have to make sure that we will have money for the whole month. I do list our credit card expenses just to make sure that we will not go beyond our limit and we can still pay our debt on due date.
12. Teach kids the value of money.
I hope I can teach my son the value of money, as of now he doesn’t know the value of money. For him, money never runs out, you can get it from your wallet or ATM Machine.
13. Learn to appreciate what you have and be happy with it.
"Do not envy the rich. They are blessed with the ability to create wealth. While their wealth may be in money you may be blessed in other areas that the rich do not have. We are all experts but only in different subject matters. Envy is a killer. If we keep on looking at the things we do not have then we will fail to appreciate the things we have." – Francis Kong
Pray and believe that God will make a way where there seems to be no way.
Feel free to share your saving tips.